TRADE IN SERVICES BY COUNTRY
During 2007-08, Australia received $287m in royalty credits for music, film, television programs and video tapes, from trade with other countries. The majority of credits (74% or $212m) were from OECD countries, while 26% ($75m) were from non-OECD countries. Australia received $84m in royalty credits for music, film, television programs and video tapes from New Zealand, $58m from the USA and $43m from the UK.
In the same period, Australia accrued royalty debits worth $1,211m for selected cultural trades, with the vast majority (93%) paid to OECD countries. In 2007-08, Australia paid $752m to the USA for music, film, television programs and video tape royalties, which equates to more than half (62%) of all cultural debits.
7.8 BALANCE OF PAYMENTS, Selected cultural services - Selected countries - 2007-08 |
|
 | | | UK | USA | New Zealand | Selected European members of the OECD(a) | Total OECD(b) | Total non-OECD | Total all countries |
|
| Credits | | | | | | | |
| Royalties on film, TV programs, videos | | | | | | | |
| | Theatrical films | - | np | np | - | 9 | - | 9 |
| | Television programs | np | np | 30 | 16 | 82 | 47 | 129 |
| | Video tapes | 1 | - | np | - | np | np | 5 |
| | Other (not separately identified)(c) | np | 12 | 35 | 3 | 56 | 15 | 71 |
| | Total | 37 | 23 | 70 | 19 | 152 | 63 | 215 |
| Music royalties | 6 | 36 | 14 | np | np | np | 72 |
| Total credits | 43 | 58 | 84 | np | 212 | 75 | 287 |
| Debits | | | | | | | |
| Royalties on film, TV programs, videos | | | | | | | |
| | Theatrical films | np | np | - | np | -65 | - | -65 |
| | Television programs | -70 | -339 | - | -88 | -499 | -73 | -572 |
| | Video tapes | np | -168 | - | -80 | np | np | -271 |
| | Other (not separately identified)(c) | np | - | - | np | np | np | -77 |
| | Total | -94 | -582 | - | -225 | -902 | -82 | -984 |
| Music royalties | -47 | -171 | -1 | - | -219 | -8 | -227 |
| Total debits | -141 | -752 | -1 | -226 | -1 122 | -89 | -1 211 |
|
| - nil or rounded to zero (including null cells) |
| np not available for publication but included in totals where applicable, unless otherwise indicated |
| (a) Includes the Netherlands, Germany, France, Switzerland, Sweden and Ireland. |
| (b) Includes Canada and Japan. |
| (c) Includes Multimedia royalties. |
| Source: ABS data available by request, International Trade in Services by Country, 2007-08. |
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